MINDSPACE LONDON LIMITED Financials
- Company number
- 10641107Copy
Copy - Registered office
- 8th Floor 9 Appold Street, London EC2A 2AP
- Incorporated
- 27/02/2017
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
69.36%vs 20232023: £-22.53M
Total Assets
9.62%vs 20232023: £2.32M
Cash in Bank
-47.58%vs 20232023: £1.09M
Total Liabilities
-61.99%vs 20232023: £24.84M
Employees
+1vs 20232023: 5
In 2024, MINDSPACE LONDON LIMITED reported net assets of £-6.90M. The same filing shows total assets of £2.54M, cash in bank of £569.80K and total liabilities of £9.44M. Reported headcount was 6 in 2024. Net Assets rose from £-22.53M in 2023 to £-6.90M in 2024 (69.36%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
69.36%from £-22.53M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MINDSPACE LONDON LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-69.1%vs 2022-44.4% a year compound (CAGR)
Total Assets
-11.3%vs 2022-5.8% a year compound (CAGR)
Total Liabilities
-60.6%vs 2022-37.2% a year compound (CAGR)
Employees
+20%vs 2022+1Biggest increase
Employees+20%
5 in 2022 to 6 in 2024
Biggest decrease
Cash in Bank-69.1%
£1.84M in 2022 to £569.80K in 2024
MINDSPACE LONDON LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MINDSPACE LONDON LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -271.41%2024
- Liabilities to total assets
- 371.24%2024
- Cash to liabilities
- 6.04%2024
- Cash to total assets
- 22.41%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MINDSPACE LONDON LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -19.30M | -21.08M | -22.53M | -6.90M |
| Total Assets£ | 1.94M | 2.87M | 2.32M | 2.54M |
| Cash in Bank£ | 1.07M | 1.84M | 1.09M | 569.80K |
| Total Liabilities£ | 21.24M | 23.94M | 24.84M | 9.44M |
| Employees | 12 | 5 | 5 | 6 |
MINDSPACE LONDON LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MINDSPACE LONDON LIMITED filed financial statements?
Yes. Okredo holds filed figures for MINDSPACE LONDON LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MINDSPACE LONDON LIMITED report in 2024?
MINDSPACE LONDON LIMITED reported net assets of £-6.90M for 2024. That compares with £-22.53M in 2023, a change of 69.36%.
What total assets did MINDSPACE LONDON LIMITED report in 2024?
MINDSPACE LONDON LIMITED reported total assets of £2.54M for 2024. That compares with £2.32M in 2023, a change of 9.62%.
What cash in bank did MINDSPACE LONDON LIMITED report in 2024?
MINDSPACE LONDON LIMITED reported cash in bank of £569.80K for 2024. That compares with £1.09M in 2023, a change of -47.58%.
How many people does MINDSPACE LONDON LIMITED employ?
MINDSPACE LONDON LIMITED reported 6 employees in 2024, compared with 5 in 2023.
How have MINDSPACE LONDON LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MINDSPACE LONDON LIMITED's cash in bank fell by 69.1%, total assets fell by 11.3%, total liabilities fell by 60.6% and employee numbers rose by 20%. Cash in bank contracted at 44.4% a year across the two years to 2024, from £1.84M to £569.80K. Reported headcount went from 5 in 2022 to 6 in 2024 (+1).
Which years of MINDSPACE LONDON LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.